
StratNews Global
June 14, 2025 at 08:29 AM
*Trump Clears Nippon Steel’s $14.9 Billion Bid For US Steel*
US President Donald Trump on Friday officially approved Nippon Steel’s troubled $14.9 billion bid for US Steel, concluding an 18-month-long effort marked by union resistance and two national security reviews.
Trump signed an executive order saying the tie-up could move forward if the companies signed an agreement with the Treasury Department resolving national security concerns posed by the deal. The companies then announced they had signed the agreement, fulfilling the conditions of Trump’s directive and effectively garnering approval for the merger.
https://stratnewsglobal.com/world-news/trump-clears-nippon-steels-14-9-billion-bid-for-us-steel/